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Ana Acosta focuses her practice on secured lending, mergers and acquisitions, capital markets, banking and finance, and general corporate matters. Ana has represented a variety of Mexican and international clients with operations in several jurisdictions in structured financing, asset and stock acquisitions, as well as bond offerings and private placements and other complex corporate matters.

Ana’s industry experience includes financial services, manufacturing, energy, consumer goods & retail, real estate, telecommunications, technology, and infrastructure.



  • Advised Grupo Financiero Santander México as agent, lead arranger and lender and Grupo Financiero HSBC as lead arranger and lender in connection with an MXN$2 billion secured credit facility to Grupo Gigante Inmobiliario, and other subsidiaries acting as joint obligors. This facility is secured by two security trusts, which together have 20 shopping centers in 10 different states in Mexico.
  • Representation of a Mexican real estate developer and property manager in two secured facilities for a total amount of up to USD$38.9 million granted to two different Mexican investment trusts for a construction and development of two industrial plants.
  • Advised Grupo Financiero Santander, Banregio Grupo Financiero, Grupo Financiero BBVA Bancomer, Grupo Financiero HSBC, Intercam Grupo Financiero, and Sabcapital in three syndicated loan facilities for a total value of MXN$9 billion for the financing of a real estate project in Mexico City.
  • Advised a holder of a toll road concession in the negotiation and implementation of an MXN$2.4 billion mezzanine loan and an MXN$1 billion convertible loan to finalize the construction works of the toll road.
  • Representation of Black Diamond Capital Management, LLC in the purchase of its storage tanks business to Arcosa, Inc. for US$275 million in cash.
  • Four Greenberg Traurig offices helped household appliance retailer Betterware acquire Mexican cosmetics company JAFRA, including its U.S. and local operations for US$255 million.
  • Representation of Madison Industries, one of the world’s largest privately held companies, in the potential acquisition of Melrose Industries PLC’s interest in Nortek Air Management business, including Nortek Global HVAC and Air Quality & Home Solutions segments, for approximately US$3.625 billion. Our engagement consisted of assisting Madison in the due diligence process in Mexico, including corporate, real estate, regulatory, and labour diligence.
  • Representation in connection with the possible acquisition of 100% of the equity of several Mexican drug pharmaceutical companies.
  • Representation of DD3 Acquisition Corp., a publicly-traded special purpose acquisition company (SPAC), in its business combination with Betterware.
  • Advised Morgan Stanley México, Casa de Bolsa, Deutsche Securities, J.P. Morgan Grupo Financiero, Grupo Financiero BBVA Bancomer, as underwriters, in connection with the tender offer launched by Soriana to purchase all the Comercial Mexicana shares listed in the Mexican Stock Exchange.
  • Advised Banamex in the first sale of a mezzanine certificate from a mortgage loan securitization through the Mexican Stock Exchange.
  • Advised Fondo Especial para Financiamientos Agropecuarios (FEFA) in several public and private bond offerings.
  • Participated as counsel to Goldman Sachs & Co. in connection with the issuance by Grupo Atento of US$300 million.
  • Participated as counsel to the State of Michoacán in the implementation of a guaranty granted by Banobras in connection with a securitization of a local tax.


  • Listed, Best Lawyers, “Best Lawyers Mexico,” Corporate and Mergers and Acquisitions Law, 2024
  • Listed, The Legal 500 Latin America Guide, 2021-2024
    • “Rising Stars,” Latin America: Mexico – Banking and Finance, 2021-2024
    • Latin America: Mexico - Corporate M&A, 2024


  • LL.M., University of Pennsylvania Law School
    • Business and Law Certificate, Wharton School of Business
  • Law Degree, Instituto Tecnológico Autónomo de México (ITAM)
  • Mexico
  • Spanish, Native
  • 英語, Fluent